Bank Of England’s PRA Raises Budget By $31 Million For Risks Like Crypto Assets’ Growth

PRA says it is committed to keeping pace with the risks posed by the growth of crypto assets, and it has increased its budget by $31 million in preparation. Prudential Regulation Authority (PRA), the Bank of England’s regulatory arm has increased its budget for the coming fiscal year by $31.6 million (£24.3 million), citing increased […]
